MOMENTAN AUSVERKAUFT
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<h2>Q. David Bowers</h2>The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993)<br/><br/>Numismatic Information<br/><br/>Hoard coins: Although 1902-O dollars seeped out over a period of years from storage in the Treasury Building in Washington, D.C., especially in the late 1950s and very early 1960s (before autumn 1962), the date was not considered common until a vast torrent of hundreds of thousands emerged from a sealed vault in the Philadelphia Mint in October 1962 and ensuing months. Earlier, the 1902-O was considered to be a rarity in Mint State, and for a period of years it was priced higher than, for ex-ample, the 1884-S. <br/><br/>Circulated grades: Today, the 1902-O is slightly scarce in worn grades. However, it sells for little more than a common date. The depressed valuation for circulated coins is due to the widespread availability of Uncirculated pieces. <br/><br/>Mint State grades: In Uncirculated grades the 1902-O is very common. Most are in lower levels, but enough MS-64 and MS-65 coins exist that little effort is required to locate a specimen. I estimate that 300,000 to 600,000 survive at the MS-60 to 62 level, 125,000 to 250,000 in MS-63, 100,000 to 200,000 in MS-64, and 14,000 to 28,000 MS-65s. <br/><br/>The striking quality of 1902-O dollars is usually poor, with flatness at the centers, particularly the reverse. Lustre ranges from dull to "greasy" on most pieces. There are exceptions, as might be expected from such a large coinage, and diligent cherry-picking may yield a sharply struck, lustrous coin at, who knows, perhaps for not much more money than a flat strike. <br/><br/>Prooflike coins: Wayne Miller wrote that the issue was believed to be elusive, until one or two bags of Prooflike pieces came on the market in 1968. Unfortunately, these coins lacked satisfactory contrast and were gray in appearance, which seems to be par for the course for prooflikes of this date. Most of these coins have long since been absorbed into collections. Probably 5,000 to 10,000 PL coins exist. DMPL coins are about four or five times harder to find than PL. Apparently, high-contrast cameo DMPL coins are unknown. <br/><br/>Varieties<br/><br/>NEW OVER OLD HUB: DOUBLE OLIVE AT CLAW <br/><br/>1. C-4 reverse hub over C-3: Breen-5692, VAM-8, 12, 15-21, 23, 25, 27-32, 34-39. Reverse die variations differ from each other minutely. An outstanding example of a cluster of varieties of a major type relatively unknown as recently as 20 years ago, but now considered common.<br/>VAM C-4 OVER C-3 REVERSE <br/><br/>Circulation strikes: <br/><br/>NEW REVERSE HUB: WIDE NECK/WING SPACE, LARGESTARS<br/><br/>Circulation strikes:<br/><br/>1. Medium O. Breen-5691, VAM 1-2,4-11, others, mostly positional varieties. Many survive from the huge Treasury releases of this date.<br/><br/>Evidently most of the 140 obverses, 107 reverses intended for 1902-O (various hub types combined) were unused.<br/>Dies prepared: Obverse: 140; Reverse: 107 Circulation strike mintage: 8,636,000; Delivery figures <br/>by month: January: 1,500,000; February: 750,000; March: 750,000; April: 500,000; May: 1,000,000; June: 320,000; July: 550,000; August: 1,000,000; September: 1,200,000; October: 500,000; November: 500,000; December: 66,000.<br/> <br/>Estimated quantity melted: Millions, probably starting with the 1918 Pittman Act authorization. <br/><br/>Availability of prooflike coins: Relatively common.<br/><br/>A bag or two of prooflikes came on the market in 1965. About 5,000 to 10,000 exist (URS-14). DMPL coins are scarcer. <br/>Characteristics of striking: Usually very poor, but there are rare exceptions. <br/><br/>Known hoards of Mint State coins: Many hundreds of bags were released by the Treasury 1962-1964. These were in addition to bags released earlierProduct Identifiers
DesignerGeorge T. Morgan
eBay Product ID (ePID)170399145
Product Key Features
Strike TypeBusiness
Mint LocationNew Orleans, New Orleans, Louisiana
Composition90% Silver, 10% Copper
Year1902
Dimensions
Weight26.73g
Additional Product Features
Mintage8636
MintNew Orleans
Denomination$1
PCGS Number7280
Diameter38.1mm
Mint MarkO
EdgeReeded
Bewertungen und Rezensionen
Relevanteste Rezensionen
- 06. Apr. 2016
Buying PCGS Mint State Coins
I feel confident buying a Mint State coin from PCGS. I am leery about some coins out there as you never know if has been cleaned or a real value. Buying a slabbed coin will cost you more but you know what you are gettingBestätigter Kauf: Ja
- 14. Feb. 2019
nice addition of my collection of O dollars.
A good example of a weak strike. The New Orleans mint was known for weak strikes.Bestätigter Kauf: Ja
- 04. Dez. 2018
Great coin, rapid delivery.
A very nice Morgan. The condition of the coin exceeds the stated ranking. I am quite happy with my purchase. I'll Be Back!Bestätigter Kauf: Ja
- 19. Mär. 2018
Lovely coin...great service...what more could you ask for?
Bestätigter Kauf: Ja
- 04. Mär. 2017
Morgan 1902-O MS65
Beautiful coin, clean face, I'd like to find some more like this in MS65 & 66. Have seen many slabs that do not reflect the quality that this coin has.Bestätigter Kauf: Ja
- 24. Okt. 2018
1902-O MS64++++ Morgan Silver Dollar Excellent Value
Beautiful specimen of MS64+++ under old blue label.Bestätigter Kauf: Ja
- 22. Feb. 2017
Good deal on a 1902 O
This coin is in very fine condition. Much better than I had expected.Bestätigter Kauf: Ja
- 02. Nov. 2017
1902-0 Morgan Dollar
Great Coin, very good luster, Very good price Excellent person to buy from. Many Thanks.....Bestätigter Kauf: Ja
- 12. Mai. 2017
Lovely coin!
This is a lovely coin. I got what I paid for. Thanks.Bestätigter Kauf: Ja
- 30. Dez. 2017
Pretty - Could be Cleaner
I thought there would be less marks on the face for an M64. Great luster. Very pretty coin.Bestätigter Kauf: Ja
